Question: During 2023?, Blue Yonder began a customer loyalty program. For each aeronautical mile that a passenger travels on a paid? flight, the passenger accrues one

During 2023?, Blue Yonder began a customer loyalty program. For each aeronautical mile that a passenger travels on a paid? flight, the passenger accrues one flight mile. Passengers can redeem accrued flight miles for free air travel. Earned miles do not expire. Blue Yonder's analysis of its? competitors' programs suggests an average redemption rate of 65 %. In 2023?, Blue Yonder awarded 20 comma 000 comma 000 flight? miles, 2 comma 600 comma 000 of which were redeemed. Management estimates the performance obligation pertaining to the flight miles is $ 810000. Record the award revenue

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